To view the PDF file, sign up for a MySharenet subscription.

TRANSACTION CAPITAL LIMITED - Trading statement in respect of the year ended 30 September 2017

Release Date: 16/11/2017 17:05
Code(s): TCP     PDF:  
Wrap Text
Trading statement in respect of the year ended 30 September 2017

Transaction Capital Limited 
(Incorporated in the Republic of South Africa) 
Registration number: 2002/031730/06 
JSE share code: TCP 
ISIN: ZAE000167391 
Tax reference number: 9466/298/15/6 
(“Transaction Capital” or “the Company”) 
 
TRADING STATEMENT IN RESPECT OF THE YEAR ENDED 30 SEPTEMBER 2017 
 
The board advises shareholders that Transaction Capital’s basic earnings, basic earnings per share (“EPS”), 
headline earnings, headline earnings per share (“HEPS”), core headline earnings and core HEPS are expected to 
be within the following ranges for the year ended 30 September 2017:  
 
                              Guidance for the year ended      Guidance for the year ended       Year ended 
                              30 September 2017                30 September 2017                 30 September 2016 
                              (Expected number range)         (Expected percentage range)        (Audited) 
Core headline earnings 1.              R563m to R582m                          23% to 27%                    R458m
Core HEPS1                   95.1 cents to 98.3 cents                          18% to 22%               80.6 cents
Basic and headline earnings            R541m to R560m                          18% to 22%                    R458m
Basic EPS and HEPS           91.9 cents to 95.1 cents                          14% to 18%               80.6 cents

1. Core financial ratios exclude once-off acquisition costs incurred during the year 
 

The total dividend per share expected to be declared for the year ended 30 September 2017 is 40 cents, an 
increase of 33% from the prior year. This comprises 15 cents per share as an interim dividend and 25 cents per 
share expected as a final dividend.  
 
Transaction Capital’s results for the year ended 30 September 2017 are expected to be released on SENS on 
Tuesday, 21 November 2017.  
 
The financial information on which this trading update is based has not been reviewed and reported on by the 
Company’s external auditors. 
 
Dunkeld West  
16 November 2017 
 
Enquiries: 
Phillipe Welthagen - Investor Relations 
Telephone: +27 (0) 11 049 6700 
 
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) 
 

Date: 16/11/2017 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story